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07-01-2024
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Which one of the following is an example of pure risk?
1. placing a bet on your favorite sports team
2. storing your new motorcycle outside
3. rolling over your 401K to a local broker
4. investing in a financially troubled company

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burgesslebron620801 burgesslebron620801

07-01-2024

2 because a pure risk is something that refers to a risk beyond human control and results in a loss or no possibility of financial gain.

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